Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0220%/8h= −24.1% APRnext payment $0.28 per $10,000 · paid last 24h −0.066%
Price spread now: Polymarket Perps against 01 Exchange−0.095%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Polymarket Perps is 0.095% cheaper against 01 Exchange than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange BNBUSD802.940.0320pay 0.0040% / 1h49m 04s$28K$1K10x
ShortPolymarket Perps BNB-USD802.180.0100get 0.0013% / 1h49m 04s$118K$869K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against 01 Exchange. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$46.2
Price spread: −0.095% → 0.000%
−$9.47
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$70.67
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Polymarket Perps: live order book, 39 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Polymarket Perps live order book, 39 min ago2.74 bp8.0 bp −$88.3 bp −$83doesn't fitdoesn't fit
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0195% / S +0.0371%1h802.28−0.082%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h802.82−0.015%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h803.08+0.017%$3.0M$30.0M10xas long as short
Kalshi KXBNBPERP0.0000%8h802.90−0.005%$109K$2.5M4.8xas long as short
StandX BNB-USD0.0000%1h803.33+0.049%$868K$3.0M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0007%1h802.22−0.090%$9.7M150xas long as short
Kraken Futures PF_BNBUSD+0.0038%1h802.31−0.078%$2.5M$916K50xas long as short
Variational Omni BNB+0.0063%8h802.15−0.098%$4.1M$5.3Mas long as short
BingX BNB-USDC+0.0070%8h802.33−0.076%$13.3Mas long as short
Aster BNBUSDT+0.0086%8h802.79−0.019%$6.4M$18.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International BNB-PERP-INTX+0.0088%1h803.99+0.131%$608K$898K50xas long as short
Lighter BNB+0.0096%1h802.32−0.077%$2.8M$4.2M20xas long as short
Bybit BNBUSDT+0.0098%8h801.72−0.152%$138.8M$83.5M75xas long as short
Nado BNB-PERP+0.0100%1h801.89−0.130%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h802.46−0.060%$1.2M$923K20xas long as short
OKX BNB-USDT-SWAP+0.0100%8h802.00−0.117%$54.9M$115.2M50xas long as short
Arcus BNB-USD+0.0100%1h802.50−0.055%$52K$191K10xas long as short
Gate BNB_USDT+0.0100%8h801.90−0.130%$35.9M$58.2M75xas long as short
KuCoin BNBUSDTM+0.0100%8h802.06−0.110%$28.1M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h801.73−0.151%$78.9M$24.6M75xas long as short
edgeX BNBUSDC+0.0100%4h803.76+0.102%$4.2M$76.8M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h803.32+0.047%$158K$437K50xas long as short
Polymarket Perps BNB-USDshort+0.0100%1h802.18−0.095%$118K$869K10x
Orderly PERP_BNB_USDC+0.0100%8h802.21−0.091%$388K$595K50xas long as short
Derive BNB-PERP+0.0100%1h802.42−0.065%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h802.83−0.014%$13K$1.7M50xas long as short
SoDEX BNB-USD+0.0100%1h802.30−0.080%$395K$1.0M10xas long as short
Deribit BNB_USDC-PERPETUAL+0.0100%1h802.72−0.028%$1.6M$162K25xas long as short
HTX BNB-USDT+0.0100%8h802.58−0.045%$8.2M$7.4M75xas long as short
Paradex BNB-USD-PERP+0.0100%8h802.90−0.004%$78K$19K50xas long as short
MEXC BNB_USDT+0.0102%8h803.30+0.045%$84.3M$13.5M200xas long as short
Binance BNBUSDT+0.0102%8h802.73−0.026%$517.8M$807.3M75xas long as short
Extended BNB-USD+0.0104%1h801.82−0.140%$1.9M$6.1M50xas long as short
Aevo BNB-PERP+0.0104%1h802.35−0.074%$385K$40K10xas long as short
Phemex BNBUSDT+0.0123%8h802.78−0.020%$70.1M$51.6M50xas long as short
Phoenix BNB+0.0125%1h803.11+0.021%$173K$35K10xas long as short
Hyperliquid BNB+0.0159%1h802.81−0.016%$51.5M$21.3M10xas long as short
Bulk BNB-USD+0.0161%1h803.45+0.064%$649K$11K10xas long as short
RISEx BNB/USDC+0.0209%1h802.63−0.038%$1.1M$1.4M20xas long as short
dYdX BNB-USD+0.0216%1h802.35−0.073%$170K$55K10xas long as short
BloFin BNB-USDT+0.0222%8h802.79−0.019%$18.8M$3.1M75xas long as short
Hibachi BNB/USDT-P+0.0248%1h802.79−0.019%$71K$48K12xas long as short
01 Exchange BNBUSDlong+0.0320%1h802.94long leg$28K$1K10x
Reya BNBRUSDPERP+0.0335%1h801.97−0.121%$6K$3K40xas long as short
Injective BNB/USDC PERP+0.0353%1h804.92+0.247%$19K$526K30xas long as short
Backpack BNB_USDC_PERP+0.0682%1h803.45+0.064%$3.0M$5.3M40xas long as short